Topic: WHY WE BOUNTY HUNTERS HAVE SUCH A BAD REPUTATION (Read 1335 times)

Good topic!
Wanted to write something like that for a long time.. But you made it better.
Applause!

There are really some people that are stealing works from original workers, this is the reason why I only participate on the bounty that requires you to authenticate your entry by posting it in their bounty thread, bounty manager should set up a guide that they can trace the real owners of the submissions like what btcltcdigger team are doing.

Unfortunately you are right, too often hunters sell their coins too cheap and this leads to price decline . But it is a good opportunity for investors to buy at a low price, below the ico price. You can not scold the hunters that they throw off coins , they want to get their income from the work done . They make advertising project, and without them it would be impossible

I am pretty new to thing bounty hunting thing and the only way I came to know about bounties is by reading this forum.
I am pretty sure what you are saying is entirely true apart from the fact that you are being regionalist towards people in Asia or Africa or whatsoever, no one gives you any right to justify this comment. PS: I am neither from Asia nor from Africa but the way you are putting it does not sound correct.

Personally, for me taking part in a bounty is equivalent to participating in there ICO, If I am not investing my money, I am instead investing my time and time is money my friend, there is no way I will think of dumping a token just because I got it for free *technically*. I value my time as much I value my money.

Indeed, the bounty hunters must be cream of the crop in the sense that they have a lot of patience and quality of posting and doing works from the campaigns at it finest. As time passes by the number of bounty hunters rises and rises, scams,stealing etc. also rises because of the people who loved to fool others. Maybe there must be right time to clean and choose the proper bounty hunters so that there is no commotion or dilemma will happened anymore.

We reduce the cost of tokens when they enter the exchange, because we are paid a salary in tokens. If the salary were paid in a crypto currency, this would not happen.

I think the price of the ICO will fall below the issue price after listing, which is not what the bounty hunter can do. Perhaps the hunter's sell-off will be one of the reasons, but it will not cause very bad effects. If such a thing happens, it can only prove the weakness of the project.

As bounty hunters, we need also to hold our coins in order to help the community of the project that you've promoted during the campaign. Bad reputations isn't an accurate term for the hunters, but for those greedy person who dumped their asset at huge amount I guess it isn't right for me. That doesn't mean we're going to blame those who ran bounty campaigns but what's going on here was the people isn't learning to control emotions, all they wanted is an easy money. Motivations of saving cryptocurrency is the best options to do to avoid such bad reputations, and prove that hunters have been educated to hold their coins.

That's truly said mate but those who contribute to such bad reputation are the scammers and I think whatever people state about the bounty hunter like us is applicable to those scammers and not us. So we should keep out prestige of hunting to the top quality only. We are the soul point for the ICO publicity and I believe without us these ICO will never ever get their name published within the community and thus their marketing would be vain. I guess there is no point in spoiling the hunting concept just because of few idiots. ;-)

Well, every bad move usually makes those who are still in need of the service to curb those negativeness surrounding bounty. Whether we like it or not, we will always get to see things like this unless we want to start deceiving ourselves.

Humans cannot be the same, as some are trying to make a living investing in the real world, we tend to see hackers trying to steal from them and the same thing happens in the bounty world, where some have just been cursed with the cheating habit that they just think that is the best way to get themselves rich overnight. Apparently, since a solution has been found to most of the problems, I really do not see it as a major challenge for the honest bounty hunters.

I disagree with your opinion because you cannot accuse some people of doing anything, let alone carry the names Asia and Africa because not all prize hunters from that country do the things you mention, and do you know that I often participate in ICO purchases Even though I am currently a prize hunter, and I always hold the tokens I received until I reached the price above the ICO because I know tokens are very valuable assets and certainly will have good value if the company continues to develop.

So don't be wrong with some people so we blame everyone in it because there are still many honest people.

That's a real fact that bounty hunter (not all of them) are always dumping coins right after it enters the market.
But once again, the success of the project, it probably helped by the bounty hunters and the project team must know that

Bounty hunters are beginning to have some bad name though but I do not think you need to lock the tokens of the bounty hunter. A hunter has a right to his tokens just as investor does. To stop the dumping, its best to pay the bunters in etherum. This is definitely going to stop all the dumping in my own opinion

I do not agree a bit about their flip the tokens as soon as it is listed on the exchange. This is their tokens and they need money. They can sell at lower prices than ico but they will regret it if it then increase.

it iss because quantity of spammers and dupes in bounty campaigns. there are so many people that only trying to get the bounty reward but not ssupport the project. for example they join the signature campaigns and start to post useless things on the forum.

All you wrote is so damn true! Bounty hunters are not appreciated by the crypto community. I sell tokens sometimes as soon as a token gets listed, because in a day or two I can buy back twice as cheap.
What concerns content stealing, I think all the managers should do what amazix guys do: just hide the column with the content links on the spreadsheet.

many bounty hunters dump but not all sell their tokens. bounty hunters have the right to sell their tokens. if they don't want this to happen then they should not do bounty campaigns. but bounty campaigns have a great impact to ICOs because they need it to advertise their ICO. if investor trust the project they should not worry about the price because it will eventually rise.

for this matter I disagree, because sometimes we meet when the initial token is not shared the price is very pumped then as if deliberately when the payer for the hunter is distributed then the price seems to be allowed to fall. I think, not all hunters sell tokens instantly and presentation token allocations are also very small to be able to influence the market.

then as if it was made and manipulated, sometimes there are tokens that are dumped in the market as if intentionally so that the hunters spend their tokens which are actually very small allocation and then be accused as dumper only so that the developer can take refuge

This is true mostly of the bounty hunters can easily saying bad reputation because we cannot blamed the efforts of all bounty and expenses of there works, luck of sleepless in the night while in the end the projects will end the admin will not be communicated anymore it so unfair for all the bounty hunters.

Well, it can make a little bit of difference in a way.

However, it is normal to see this kind of situations when most bounty hunters really care less about the project, does not even have any information about the project to know the price during ICO and they are just ready to dump what they are meant to hold anyway at even a bad price.

Locking up the tokens will at least have been able to get the market to an extent where the support is solid enough to withstand anything, but all the same, I still feel some big time investors who ended up having a lot of bonus at the start of the ICO usually dump their coins or tokens, just to remove the weak hands such as some bounty hunters from the market.

May be i am agree at first point, sometimes i am selling also, but i just want to rebuy more. Because a lot of dumpers on the market now and i can not agree that it is just bounty hunters, as i know big investors with huge bonuses dumping more than bounty hunters. So it is half true. With cheating i am totally agree, it is horrible, but i can't do nothing with it.

I believe in my projects and i have high hope for them in the sense that i do not dump my coin after been paid thats my killing the coin i those who perpetrate that act should be hunted and blacklisted people just do things the way they understand and how they feel its good

We are labeled by some to have a weak hands and I can't blame them. Some bounty hunters sell their tokens in cheap prices because some are not financially stable. Sometimes, I sell my tokens in a cheap price because i need some quick buck. But, I've got to agree with you about the cheaters in every bounty campaigns. Some of them are way too smart and having multiple accounts and even the bounty manager can't do anything about it. It's a shame that we, the honest one's are getting dragged by there bad deeds.

I think the major reason why bounty hunter have such a bad reputation is because they are dumpers, they can sell a coin at any given price and this is the reason why most investors, don't like bounty people. they make the price of coin to go down

You made the right point, I think the attitude of bounty hunters towards bounty needs to change and it must be now, and i think i agree with you about locking bounty tokens for a longer number period to allow the tokens price to ho high 

The team already know what will happen but they still distributed the tokens which I think the investors will like it too. Those who truely support the project will buy those cheap tokens but those who don't will leave out the project. Those token sold are going to he hand of those who value it. I don't think it matters if tokens are locked, look at what happened to DECENT which they distributed longer than a year.

You have said all and you are actually right,we still have real bounty hunter that do fully support a project, i have so many bounties i have received for long and still holding till now because i believe on the project.

because last time we try sold tokens we have got at once and it have falling down because of it.

Because we do a hard job and get tokens for it. I think it deserved. But some investors do not consider this something important. Although we are looking for a project, we create advertising and wait for several months to pay tokens.

The bad reputation is there already but I hope it can be corrected by changing our ways of doing things,do our tasks diligently and stop the fraudulent acts perpetrating by some elements here,then bounty hunters can be accord some due respect, we can only earn the respect if we keep our integrity intact ..

And also they are willing to spam on the entire forum just to earn something without being care of the forum and keeping their ego to earn money. Most of bounty hunters are teenagers and they need money. So, it's the only way to earn money through bounty and you might see that also bounty hunters are using account farm to earn money quickly which is the dumbest way to do.

Of course these things exist and will always exist in this type of campaign, there are many ways to deal with cheaters or dumpers but ICO developers always choose the wrong ones, which are to implement KYC, which goes strongly against the principle of many investors or lock the token a certain time, which will not help if they still want to dump as it only delays the inevitable.

I am a bounty hunter, and I also do not like those hunters who, as soon as possible, sell tokens received for bounty participation. Well this is meaningless, lose a year and you will get much more, but no - no one wants to listen, and just get a penny.

Most people think bounty hunter are the ones that make the price of tokens to go down and in most case it is true because bounty hunter will dump the token at any given price because they have nothing to lose so that's why they have a bad reputation.

Because people are greedy, they do as much as possible to receive more money than others.
Creating multiaccounts, twitter and facebook bots - everything of that is making the bad reputation of bounties.

Its because some of the bounty hunters are not fair, meaning they will do anything for money. Many are spamming the forum for the signature campaign and also there are others who have multiple accounts to gain more.

we cannot completely blame the hunter, because for the distribution of the Bounty program around 1-2% of the total supply, so it doesn't
have much effect if they immediately throw it away.
Look at this : https://bitcointalksearch.org/topic/bounties-are-stupid-4783407

And also bounty hunters only focus on the rewards that will be obtained or in other words they are just looking to earn money. But they don't make a good contribution to this forum or to the cryptocurrency community as a whole. So that many bounty hunters become spammers in this forum, or just make a post from the thread bounty campaign to deliver their work.

I think why such thing happens is because the bounty hunters are always in-patience when it comes to waiting for their payment, most of them will threaten the admin and teams for their reward and when they gets their payment, they will dump immediately

I also do not understand why to sell at the first listing on the stock exchange in the negative. Especially if you have good tokens. It is better to wait for the listing at least on large exchanges and wait for the rise of the entire market. I keep my tokens because I believe in them

So sad but we cant deny most of the bounty hunters really does this and truth really hurts and there is so little we can do about i.. But I think its not the only thing we contributed in the cryptoworld though.

Yeah Bounty Hunters has a bad reputation nowadays in crypto world they even call them dumpers that is the problem in bounty hunters because they get it for free they dump it even for a low price atleast they have money and there's no way you can't change about them even if you lock the tokens .

I agree with you 100%. But there are many hunters who don't care about it because they don't know that if they hold the token price will increase and only then they can sell it ( If the project is good one ). You have done a very good job by opening this topic, maybe some of them will change their desicion?? I would give you merits for such a nice topic if I had 

Bounty pool normally is around 3% of all tokens, this is what bounty hunters can get. Much bigger part is private investors and people who buy in pre-ICO phase with 70-80% discount from ICO price. This amount sometimes is 30% of all tokens and is 10 times more of the amount that hold the hunters. So these people can dump token as well and has much bigger power

It is because many bounty hunter don't really care much about the project, they only care about the reward and that's why bounty hunters have such a bad reputation

Well, first of all, these situations are rather rare than common (from my experience at least). I have participated in projects where ICO investors dumped the price to less than 10% of the ICO price (bounty tokens are not released to this day). Maybe they want to buy it very cheap, but no one can blame bounty hunters. Secondly, I agree with you that the community is making their life harder by not relying on an individual quality, but rather on a quantity. As we are on the Internet, everyone has the ability to join the community, which is a double-edged sword. On the other hand, I have no problem with people that are really putting all their effort to make an actual exposure to the project even when they know their language skills are really far from a level of native speakers. But there is a line which is being crossed on many occasions by making short and illogical answers, yet they are approved by managers.  I guess we have no other choice but to improve our own standards and actually bring something valuable on the table, or we might be doomed by the rest of the world.

Bounty hunters get 1-2% of the total supply for their work. I do not see it as a big problem if they dump it as long term with 1% it cannot damage the project. I like it when we can buy cheap tokens on lower prices than ICO price was. Have a feeling that many investors dumping as well  and taking the profit.
( in some projects they get  up to 80% bonuses). For second point I agree with you completely.

Let me add another reason why bounty hunters have such a bad reputation:

THEY WRITE IN ALL CAPITAL LETTERS

well, joking aside, yeah, the two things you mentioned are true.
here's the thing though, I don't see it as selfish, I see it as stupid.
Bounty hunters selling tokens right away for a quick pay out are just incredibly stupid, almost like a little kid.
If you tell a kid, "Here, you can have a cupcake now, or if you wait awhile, you can have two cupcakes" then the kid, who only sees what's in front of him, jumps on the one cupcake.
Bounty Hunters dumping coins are like that kid, inpatient and unable to plan for the future.

Also, in regarding to the lambos, I'm sorry to say, you will never become a millionare if all you do is bounties.
It just is never going to happen.
The reason why is because your portfolio will never have enough capital to make the big trades necessary to bring real world value to your portfolio.
So what you should be doing, is every now and then investing in the projects you are promoting.
Of course, that means that you would need to only promote projects you yourself would put money into, but isn't that a good thing?

Nice to read your views but bounty hunters are not always wrong and don't dump token every time. I think presale investors are dumping the coin and Money Token is the great project let the dumpers dump their token I will buy more .

I like your approach, I fully agree with you. People sell tokens right away, because it's massive and the price falls quickly. However, in a severe fall in prices, the wounded investors as well, who receive bonuses of 50 percent or more, are guilty as well and immediately sell everything, having received their profit. What does this happen before bounties of hunters get their tokens. I think that they are to blame for this more)

The only problem is that it is very easy for everyone to blame bounty participants
Claiming every dump is our fault

Nobody mentions the stress and difficulties in doing bounties
Or the minute and small tokens we receive

How can I dump a market with just 100000 tokens
When investors have millions ??

Because the majority are only interested in taking short term small gains instead of waiting for a few months and even years and giving the projects an opportunity to implement their roadmaps and maybe making some serious money. Open up any ICO telegram group and almost all questions are about when exchange, when binance and when moon. No intelligent communication and sharing of knowledge and information about the projects and their products. 

I agree that most bounty hunters do dump and into fast money but I also believe that bounty hunters nowadays is getting smart too that they also wait for price to go up before dumping. I'm also Asia and what you say is true, $1 can already buy us a decent lunch but it's not true that we don't value our time or our selves but it's just we know that if we don't sell some of coins we have (like for me I do 50/50 -50%hodl  50% sell), others will still do and it will take time before value of that token goes up again.


- yup, again I agree with you. I joined one ICO and when I checked for my twitter name there's like 9 people using it too and good thing there's a proof of authentication thus making me legit one.


-I disagree with you. I don't think locking the token will help in anyways. Just want to set a good example, I'm part of Signal bounty campaign and it takes a lot of time for token to be rewarded coz Admin says to supposedly protect investor but still value of token plunge below ICO price because of the bonus token given to all investor and like hunters, investors dump their free token too. So the thing is that, it's not only hunters killing ICO's but also investors and maybe also the ICO project giving a very generous reward just to sell off their token.

Some bounty hunters are so insignificant that they work for $ 2 a month. It's just a shame. Here such at the first opportunity and will be discarded.

Looking at someone,I would say the contrary that the bad reputation is from administrators who implement these bounty of the company,as they just throw 100 people,or stupidly cut back payments,or do you throw and do not pay the tokens,but it is clear that not all people do,but very on the market it affects

Because of not proper completing tasks with cheating. And the other thing is that may be the dont receive what they want from bounty hunters. Anyway I think not all of projects are thinking so

I believe it is because most of them cheat their way through campaigns, creating multiple accounts. The whole space has become very diluted

Who is bounty hunter for some time knows that the right time to sell the tokens is the moment that falls in the wallet ^^. Every time I held it, I got hurt...
I believe the campaigns that keep the forum active, new users and etc ...

I agree with your statement. But only bounty hunter are not dumping coin sometimes investor with high bonus also dump their bonus coin.. I see lots of ICO where bounty budget is too less but Investor dump their bonus.  

The bounty hunters are only going to get a worse and worse reputation.   As the prices of payouts decrease the more educated will move on to better opportunities.  The poor will flock in to replace them and completely destroy this space.  Bounty hunters will get .l10 cents a bounty and the content will be piss poor. 

The pursuit of profit can create a bad cash flow for the project. After all, a large number of people or accounts that sells even for 100 dollars of coins, can very much squeeze the value of a coin on the market.

The most important reason for this is ICO project teams who run away with money or make no effort to improve their project. It isn't fair to blame the bounty hunters alone.

That is why you should always do your own research to find projects with real potential.


You could also add a third point to your list: followers with no interest in the ICO. Let me explain: sure, a 50k Telegram group looks nice, but by now everyone knows that 99%of the members are from bounties/airdrops, and does not plan to buy the tokens at all. They only care about collecting some free tokens, and possibly dumping it after the first listing.

This is entirely a wrong assumption, how is it believed that the coin dumping is done by bounty hunters, the token allocated to bounty hunters most times could be around 1% of the entire token. The value of crypto is increasingly on the decline and I think developers will equally want to recoup part of what they have invested and in paying their staff. In as much as I may not exonerate bounty hunters from the blame, It may not be entirely from them

I'm a bounty and I do not have a bad reputation . The claim that bounty hunters cause a coin to dump is scarcely true in my opinion. This is because these ICOs give huge bonuses to private investors and VC's. Some of these bonuses are without lock-in periods, these guys dump these heavy bonuses upon listing, unchecked, I mean it's their money, you know.. Mind you, airdrop and bounty usually make up a paltry 1-2% of the total tokens in circulation.

Personally, I do not sell my bounty tokens at first exchange listing. It's almost a rule of thumb for me. This is partly why I have tokens with prices below the ICO price, and I'm not worried especially for good projects as I know I'll be back in profits soon.

As for manipulations and cheating by bounty hunters, this is so true. The constant complaints on telegram group of people impersonating others just to claim their spoils.

You cannot blame bounty hunters for dumping the coins when they get them. The reason that we dump the coins as soon as we get them is because we understand that many of the new projects will not last for a long time in the market and we do not want to end up with worthless coins in our wallets when the project finally ends up crashing.

I agree with you, but not in everything. Small investors also sell their tokens immediately after entering the exchange and lower the price below the price of ICO. And many bounty hunters do not sell their tokens at once

i also agree that locking the bounties will not cleanse the forum from bogus bounty hunter. i am a bounty hunter also but i do not dump bounties. it is the developers jurisdiction on how much they will alot in a bounty. if they raise high for bounty it is their problem they must have anticipated dumping from bounty. the merit system is enough to maintain the quality of this forum.

If I believe in the project, I keep the tokens at least six months, never cheated in the spreadsheets. But I do not want to wait for my tokens for 3-4 months, this is not fair.

You do have some valid points here and I do respect everyone's point of view, even if it is different from mine but the fact remains we often in our community make too many rash and bad decisions and panic selling is not the way to go. We are doing ourselves and everyone else a disservice and either we need to learn to be better traders to help preserve better entry and exit points or we are not mature enough for this Industry. It's also the Bounty cheaters, they all need to be hunted down and blacklisted. These nasty elements need to be done away with as soon as possible. Instead of spending time cheating, they could put their heads down and create their own content to get paid.

I do not think locking up the tokens will make any difference as they will again be dumped as soon as unlocked, personally i never dump below ico price myself, i think more than bounty hunters it is the market condition which force even investors to sell and escape, you know panic selling, so we cannot blame bounty hunters only, we have seen prices going 10x-100x in bull season why dont they blame bounty hunters during bull season.

It's such a shame that although Bounty Hunters do provide value as a community we are really beginning to get a bad name in this Industry. Primarily for two reasons.

1. We dump the tokens we get as soon as they get listed on exchanges. For example, MONEYTOKEN LAUNCHED today on exchanges and it was dumped hardcore, of course,  who else other than BOUNTY HUNTERS AND AIRDROP PEEPS. My Hubby also made two videos but he said no way in hell is he literally giving away the coin way below ICO price. We live in Europe as well, so we don't have the cheap living costs many bounty hunters enjoy who live in Asia and Africa. I know we all have to survive, but we are looking more like beggars now in the crypto community with no self-worth. Maybe alot of bounty hunters don't value their time or themselves but come on, way below ICO price you go and dump the tokens, have people no sense?

2. 2nd point is the rampant stealing and cheating. EVERY DAY we are finding idiots trying to claim bounty stakes by impersonating us and stealing our videos or blog reviews. No wonder now so many ICOS are requesting us to do KYC, we are not to be even trusted to do a decent job.

I really think the bounty industry as to be cleaned up and I would prefer it if bounty tokens were like locked up for a few months before we could all mass dump for so cheap and then Investors getting so angry and pissed off at us. I know everyone in crypto is selfish and for himself only but come on being too selfish is actually shooting yourselves and all of us in the foot. We will never get lambos and moons at this rate lol.